Nine Entertainment

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Accumulation Distribution

Score

-1.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 34 9.1 0.47% 0.84% 2.9% -3.8% -27.1%
SHORT 35 14.3 0.40% 0.56% 3.5% -4.6% -66.0%

Summary

Technical Analysis

Nine Entertainment (NEC.AX)


Indicator:

ACCUMULATION


Last Signal:

BEARISH


Trading: SELL @ $0.94
Signal Strength: MEDIUM
Recommendation:

Nine Entertainment (ASX:NEC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -4.36365e+006. day. During the quarter, the lowest ADLINE value was -5.73572e+006.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Nine Entertainment (NEC.AX)


Stock Exchange: ASX
Company: Nine Entertainment
Ticker Codes: | NEC.AX | ASX:NEC |

About Nine Entertainment (ASX:NEC):

Nine Entertainment Co. Holdings Limited engages in television broadcasting and program production businesses in Australia. It operates through Television and Digital segments. The company is involved in creation and distribution of content; and digital, internet, subscription television, other media sectors, and free to air television activities. It also sells advertising products; and provides advertising solutions. The company offers its services under the Nine Network Television brand name that includes Channel 9 and 9HD, as well as 9Go!, 9Gem, 9Life, and 9NOW. It also provides its services under Nine digital brand that comprises nine.com.au network, an online source of news, sport, entertainment, and lifestyle content; and 9Honey for women. Nine Entertainment Co. Holdings Limited was founded in 1956 and is based in Willoughby, Australia.

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